Deals Under $25 Spotify Wrapped Apple's 2022 App Store Awards Neuralink Brain Chips: Watch Today Kindle Scribe Review World Cup: How to Stream '1899': Burning Questions Immunity Supplements for Winter
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Layoffs accompany earnings, warnings

Dell, HP miss analyst estimates, as Emachines posts a wide loss. Dell announces its first-ever layoffs, and Nortel blames its layoffs on the U.S. economy.


Dell, HP miss analyst estimates, as Emachines posts a wide loss. Dell announces its first-ever layoffs, and Nortel blames its layoffs on the U.S. economy. Dell falls short of estimates, lowers projections
update The PC giant misses analyst estimates by a penny only hours after announcing layoffs, the company's first major layoff since its founding in 1984.
February 15, 2001 3:45 p.m. PT 
HP hits earnings target, warns of slow growth
update The company matches lowered analyst expectations for its first fiscal quarter but tells investors to anticipate only single-digit growth in revenue this year.
February 15, 2001 1:55 p.m.  
Emachines posts a wide loss
Losses for the maker of low-cost PCs fall within the company's own lowered expectations but contrast sharply with results from a year earlier.
February 15, 2001 3:25 p.m.  
U.S. economy blamed for Nortel warning
update The Canadian communications equipment powerhouse issues a profit and revenue warning, blaming the slowing U.S. economy for slow sales.
February 15, 2001 3:35 p.m.